Trajan Wealth LLC Lowers Holdings in Alphabet Inc. $GOOGL

Key Points

• Trajan Wealth LLC reduced its Alphabet position by 3.6% in the second quarter, selling 16,133 shares and retaining 431,649 shares valued at approximately $154.3 million. Alphabet remains 5.8% of the firm’s portfolio and its fourth-largest holding.
• Alphabet reported quarterly EPS of $9.11, substantially exceeding the $2.89 consensus estimate, while revenue reached $119.8 billion. The company also declared a quarterly dividend of $0.22 per share.
• Analysts maintain a favorable view, with Alphabet receiving an average “Buy” rating and a $420.19 consensus price target. Meanwhile, its large AI infrastructure investments may support cloud and AI growth but are increasing capital expenditures and pressuring free cash flow.

Trajan Wealth LLC cut its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 3.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 431,649 shares of the information services provider's stock after selling 16,133 shares during the period. Alphabet accounts for 5.8% of Trajan Wealth LLC's investment portfolio, making the stock its 4th biggest position. Trajan Wealth LLC's holdings in Alphabet were worth $154,258,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Veratis Advisors Inc. purchased a new stake in shares of Alphabet in the second quarter worth about $706,000. Wilmar Advisors LLC increased its holdings in Alphabet by 4.5% during the 2nd quarter. Wilmar Advisors LLC now owns 23,000 shares of the information services provider's stock worth $8,220,000 after acquiring an additional 1,000 shares during the period. Stockbridge Partners LLC increased its holdings in Alphabet by 28.3% during the 2nd quarter. Stockbridge Partners LLC now owns 1,252,838 shares of the information services provider's stock worth $447,727,000 after acquiring an additional 276,356 shares during the period. Park Place Capital Corp lifted its stake in Alphabet by 24.0% in the 2nd quarter. Park Place Capital Corp now owns 18,626 shares of the information services provider's stock worth $6,656,000 after purchasing an additional 3,600 shares in the last quarter. Finally, Fiduciary Financial Advisors bought a new position in Alphabet in the 2nd quarter valued at $2,550,000. 40.03% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CAO Marsida Saraci sold 449 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $333.20, for a total transaction of $149,606.80. Following the completion of the sale, the chief accounting officer directly owned 27,386 shares in the company, valued at approximately $9,125,015.20. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Frances Arnold sold 82 shares of the firm's stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $337.71, for a total value of $27,692.22. Following the completion of the sale, the director directly owned 18,995 shares in the company, valued at $6,414,801.45. The trade was a 0.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 451,925 shares of company stock valued at $12,371,544 in the last quarter. Insiders own 11.61% of the company's stock.

Alphabet Stock Performance

Shares of GOOGL stock opened at $330.65 on Thursday. The company has a market capitalization of $4.04 trillion, a P/E ratio of 16.61, a PEG ratio of 0.98 and a beta of 1.22. Alphabet Inc. has a fifty-two week low of $235.84 and a fifty-two week high of $408.61. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.64 and a current ratio of 2.72. The stock has a 50 day moving average price of $347.72 and a two-hundred day moving average price of $343.57.

Alphabet (NASDAQ:GOOGL - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The information services provider reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.89 by $6.22. Alphabet had a net margin of 54.77% and a return on equity of 51.32%. The firm had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $117.07 billion. Analysts expect that Alphabet Inc. will post 20.5 earnings per share for the current year.

Alphabet Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Monday, September 7th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, September 4th. Alphabet's dividend payout ratio (DPR) is 4.42%.

More Alphabet News

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google announced plans to invest at least €13 billion ($15 billion) in Finnish data centers and AI infrastructure over the next two years—its largest-ever European investment. The facilities are expected to support Gemini, Search, Maps and YouTube, while a power agreement with Fortum, including nuclear energy, may help address AI’s substantial electricity needs. Google to invest $15 billion AI infrastructure in Finland
• Positive Sentiment: Google Cloud and Accenture launched a joint unit deploying 1,000 engineers to help companies implement AI agents. The initiative could accelerate enterprise adoption of Google’s cloud and AI services and improve monetization of Alphabet’s infrastructure spending. Google Cloud and Accenture AI deployment deal
• Positive Sentiment: Co-founder Sergey Brin is taking a more active role in advancing Gemini, signaling increased founder involvement as Alphabet seeks to strengthen its position in the AI race. Sergey Brin takes bigger role in Google AI
• Neutral Sentiment: Analysts continue to cite Alphabet’s strong return on invested capital, balance sheet and rapidly growing Google Cloud business as long-term strengths. However, the stock’s valuation is being assessed alongside its expanding AI infrastructure commitments.
• Negative Sentiment: The scale of the Finland and broader AI buildout increases capital expenditures and is pressuring free cash flow, creating uncertainty about when the investments will generate sufficient returns.
• Negative Sentiment: Meta’s launch of the paid Muse AI agent raised concerns that autonomous assistants could bypass traditional search results, weakening Alphabet’s search advertising model. Higher Treasury yields are also weighing on high-multiple technology stocks. Meta Muse AI agent pressures Alphabet
• Negative Sentiment: Google warned that EU-mandated changes to its European search results could reduce search quality, increase costs for businesses and potentially affect user engagement. Google warns of lower-quality European search results

Analyst Ratings Changes

A number of research analysts have recently commented on GOOGL shares. KeyCorp boosted their price target on shares of Alphabet from $425.00 to $445.00 and gave the company an "overweight" rating in a research report on Friday, July 10th. Oppenheimer boosted their target price on Alphabet from $425.00 to $445.00 and gave the stock an "outperform" rating in a research report on Friday, May 15th. Needham & Company LLC reaffirmed a "buy" rating and issued a $450.00 price target on shares of Alphabet in a report on Wednesday, June 3rd. Royal Bank Of Canada reiterated an "outperform" rating and set a $425.00 price target on shares of Alphabet in a research report on Thursday, July 23rd. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $420.00 price objective (down from $435.00) on shares of Alphabet in a report on Thursday, July 23rd. Five research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $420.19.

Alphabet Company Profile

Alphabet Inc is a technology and holding company founded in 2015 through a restructuring of Google. The company is headquartered in Mountain View, California, and operates globally, serving consumers, businesses, advertisers and developers across numerous countries and regions.

Alphabet's largest business is Google Services, which includes Google Search, online advertising, YouTube, Android, Chrome, Google Maps, Google Play and hardware products such as Pixel devices. These products support activities including internet search, digital content distribution, mobile computing, online communications and advertising.

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